Common use of Further Acquisition of Claims Clause in Contracts

Further Acquisition of Claims. This Agreement shall in no way be construed to preclude any Consenting Creditor or any of its affiliates from acquiring additional Claims. Any such additional Claims acquired by the Consenting Creditor shall automatically be subject to the terms of this Agreement. If at any time requested by the Debtors, each Consenting Creditor shall promptly (and, in no event later than three (3) Business Days after such request) inform the Debtors of the aggregate principal amount of Claims for which, as of the date of such request, it is the legal owner, beneficial owner and/or investment advisor or manager for the legal or beneficial owner. In no event shall anything in this Agreement impose on any Consenting Creditor an obligation to disclose the price paid for any Claims.

Appears in 3 contracts

Samples: Support and Settlement Agreement, Support and Settlement Agreement (Amr Corp), Support and Settlement Agreement

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Further Acquisition of Claims. This Agreement shall in no way be construed to preclude any Consenting Creditor Party or any of its affiliates from acquiring additional Claims. Any such additional Claims acquired by the Consenting Creditor shall automatically be subject to the terms of this Agreement. If at any time requested by the DebtorsPlan Proponents, each Consenting Creditor Party shall promptly (and, in no event later than three two (32) Business Days after such request) inform the Debtors Plan Proponents and the Creditors’ Committee of the aggregate principal amount of Claims for which, as of the date of such request, it is the legal owner, beneficial owner and/or investment advisor or manager for the legal or beneficial owner. In no event shall anything in this Agreement impose on any Consenting Creditor Party an obligation to disclose the price paid for any Claims.

Appears in 3 contracts

Samples: Settlement Agreement (Dynegy Inc.), Settlement Agreement, Settlement Agreement (Dynegy Inc.)

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